This is what happens nowadays with junior oilers.
Plenty bought in when the SP was 5/5.5 cents and some are lightening their risk.
To me it matters not as that was the price range of my entry and decided to hang in to the death as downside risk to my entry price is minimal.
Now it's the time for those who missed out at these earlier prices and there is a whole lotta tree shaking going on.
There will be no positive news for at least 4 to 6 weeks so it's their time IMO.
DID I MENTION I HAD A GOOD FEELING ABOUT THIS WELL......LOL.
Time to Buy?, page-3
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $11.89K | 59.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 2120086 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 540628 | 18 |
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| CVN (ASX) Chart |